Car Insurance First Month Free
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Very Cheap Car Insurance No Deposit
No deposit car insurance is sometimes mistaken for car insurance with the first month free; but it is not the same thing. If you’re looking for very cheap car insurance no deposit we recommend going here.
Getting Car Insurance First Month Free
If you’re looking to save money on your car insurance, you may have come across advertisements for special free month discount or heard rumors about free car insurance first month. Can this possibly be true? The answer is… maybe. Before you decide on a policy, make sure you pay close attention to the fine print. Here are some things you need to know.
Is It Really Free?
We’re all heard the saying If it’s too good to be true, it probably is, right? Well, yes and no. You might be wondering if a free month of car insurance is actually free or if there is some kind of catch. Unfortunately, there’s no straightforward answer to this question. The answer will vary depending on what insurance company you use and how they define the special discount.
Best case scenario is, yes, the first month is really free. If this is the case, the amount you end up paying for your yearly policy will actually be one payment less. Here’s an example. Let’s say you have a policy that costs a total of $1200 a year, or $100 each month. If you’re really getting a free month, your first month will be free. Then, you’ll pay $100 a month for the next 11 months. This means that you’ll end up paying a total of $1100, or a savings of $100.
On the flip side, some insurance companies play with the numbers a little bit. You won’t have to make a payment the first month but you’re not actually saving any money. The first month’s payment is just redistributed over the rest of the term of the policy. Let’s take another look at the example above. The $1200 policy with a free month is still the deal but this time, you’re not really getting a free month. You’re just getting a month without a payment which isn’t the same thing. So, you wouldn’t pay anything in the first month but you’ll pay about $110 a month instead of $100 so you’ll actually be paying $1200. You will still end up paying the full amount of the policy.
As you can see, the promise of a free month is real in some cases and will save you some money. In other cases, though, it’s just a marketing gimmick designed to make you think you’re saving money. That’s why you have to be very careful and read the fine print.
Will It Benefit Me?
If you’re truly getting a free month of car insurance, you will definitely save money. But even if you are only getting a month without a payment, you might find that it still benefits you.
If you’re worried about saving money, a free month of car insurance can help even if you’re not saving on your premium. Why? Because you’re still getting a month without a payment which can be immensely helpful if you’re short on cash that month.
Here’s one example of how this can help. One situation that it might be really helpful to have car insurance first month no deposit is if you just bought a new car. If you had large down payment, it’s likely that there isn’t much left over after you buy your new car. Perhaps you weren’t even thinking about getting insurance, you were just excited about the car. Now, money is tight because you just put every single extra dollar you have toward your new car. Having a free month of car insurance would be really helpful in this situation whether you have to pay the full premium or not. It would give you an extra month to get your budget in order and start making payments.
How Can I Find This Kind of Car Insurance?
The best way to find this kind of car insurance is to compare as many policies as you can. That’s really the only way to know exactly what’s out there and to get some idea of what you can expect.
What’s the easiest way to compare different policies and make sure you’re getting the best deal? Just enter your zip code in the box below and we’ll provide you with a list of what’s available in your area.